Fintech Giant Lufax Plans Hong Kong Listing to Hedge US Risk


Source: yahoo.com yahoo.com
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(Bloomberg) — Fintech firm Lufax Holding Ltd. is planning to go public in Hong Kong, the latest in a wave of New York-traded Chinese companies seeking alternative listings to hedge against the risk of being banned from US markets. Most Read from Bloomberg Saudi Billionaire Made $500 Million Russia Bet at War Onset How the US Toppled the World's Most Powerful Gold Trader Will Housing Prices Flatten — or Collapse? Ukraine Latest: First UN Wheat Cargo Sets Sail for Ethiopia US Lawmakers Visit Taiwan After Pelosi Trip Infuriates China The Ping An Insurance Group Co.-backed company aims to file for…

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